1306 Stoneridge Circle #1306HelmettaNJ08828
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Helmetta at 1306 Stoneridge Circle #1306, Helmetta, NJ, 08828 listed at $375,000 pairs $3,138/mo rent with a $1,835/mo payment to leave $466/mo cash flow. Total monthly income runs $3,138/mo, and annual cash flow reaches $5,586/yr on $124,313 cash to close. Return on cash invested measures 24.4% in year one, and rental yield registers 10.04% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 128.19% and total cumulative return in cash totals $159,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,138/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08828, Helmetta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 748 (69.9%) |
| Renter Occupied HU | 291 (27.2%) |
| Vacant Housing Units | 31 ( 2.9%) |
| Median Home Value | $405,848 |
| Average Home Value | $421,862 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
49
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Listed by: Iftikhar Haq • Keller Williams Realty Freehold
Mls Name: MoreMLS
Mls ID: #22600652